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9 Profitable Retail Business Ideas to Start Your Venture

[vc_row][vc_column width=”2/3″] The rise of online shopping combined with the unexpected COVID-19 pandemic —and precautions to prevent the spread of the virus— made things difficult for the retail industry. However, where there are headwinds there is opportunity. There’s no denying that the pandemic devastated many brick-and-mortar businesses, but on the other hand, modern-thinking retailers quickly…

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8 Best Retail-Focused POS Systems for SMBs in 2023

[vc_row][vc_column width=”2/3″][vc_single_image image=”31675″][vc_column_text]If you’re running a brick-and-mortar business, you may want to invest in one of these point-of-sale systems. Running a retail business is rarely an easy task, if ever. As a business owner or a store manager, you’ll face countless challenges, and turning your business into a successful one usually requires time, effort and…

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The Future of Retail in 2023: Five Game-Changing Insights

[vc_row][vc_column width=”2/3″][vc_single_image image=”31455″][vc_column_text] Covid-19 changed the retail landscape dramatically. Store owners are left wondering how to position their enterprises for success in the ever-changing market. It’s nearly impossible to perfectly predict the future, but there are some common practices and modern tools you can take advantage of to accurately predict what awaits you in the…

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The Technology Every Small and Medium Business Should Invest In

[vc_row][vc_column width=”2/3″][vc_single_image image=”31248″][vc_column_text]The Covid-19 pandemic has changed consumer behavior in a number of ways, and as a result, small to medium-sized enterprises (SMEs) became more resilient in the post-pandemic era and a lot more technology-friendly. These enterprises are more vulnerable to unexpected changes compared to larger corporations, but they’re also more flexible and responsive; leveraging…

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Why Occupancy Management is Critical in Retail

[vc_row][vc_column width=”2/3″][vc_column_text] Occupancy restrictions have been a critical component of government mandates meant to prevent the spread of COVID-19 in commercial establishments. Depending on the country and city, some venues restrict occupancy to either 10%, 30%, or 50% of maximum capacity; others specify only a certain number of people allowed to be in a facility…

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Benefits of People Counters for Gyms

[vc_row][vc_column width=”2/3″][vc_column_text]As with any other business, gyms and fitness centers aim to increase profits and decrease expenses. Many businesses use conversion rates to measure success, but a fitness center’s visitors already paid money for a gym membership. As a decision-maker for a gym, you have to find alternate ways to collect and use data to…

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long queue

Why Queue Management Systems Are Essential In Retail

[vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_column_text]There’s no arguing that long queues suck. Nobody likes to wait in line, and there’s something that’s rarely discussed about queues — their huge cost. Research by Adyen found that long queues are among the chief contributors to lost store revenue, costing retailers up to £12 billion each year in sales losses. In this…

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customer staff ratio

Increase Sales & Customer Satisfaction With Staff Exclusion

[vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_column_text]Measuring footfall traffic numbers for brick and mortar businesses is one of the most fundamental metrics to consider when measuring business success. However, visitor traffic numbers can be easily distorted when staff members are included in the count, resulting in inaccurate conversion rates. Accurate and pure people counting data is essential to understanding the…

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Reasons to Use People Counters in Retail & Shopping Malls

[vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column width=”2/3″][vc_column_text]Today, physical retailers and shopping malls remain vital drivers for sales, and more physical stores are leveraging technological solutions to optimize operations, improve customer satisfaction, and boost profitability. Customer counters and retail data analytics platforms provide a wealth of information to improve various aspects of your physical space. Understanding footfall visitor traffic in your…

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